Malaysian palm oil futures climbed for a third straight session on Friday to their highest in nearly three weeks as expectations of weak output in August and improving demand underpinned the contract. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 43 ringgit, or 1.12%, to 3,869 ringgit ($884.95)…
President-elect of 2024-2029 Prabowo Subianto stated that the key to Indonesia’s prosperity lies in resources that can be managed and enjoyed by the nation itself. Prabowo conveyed this on his occasion to be a speaker at the Closing of the 6th Congress of the 2024 National Mandate Party which was held at the Kempinski Hotel,…
Mangroves are a collection of trees that grow in areas affected by tides. They have various environmental benefits. One type that is often found is the mangrove tree, which grows in many coastal regions. In Indonesia, mangroves are found in most coastal areas. Recently, there has been a decline in the growth of mangrove trees.;…
Indonesia plans to implement biodiesel containing a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, senior energy ministry official Eniya Listiani Dewi said on Thursday. Indonesia currently has a 35% mandatory blend for palm oil-based biodiesel, known as B35. The government had previously flagged a plan to increase the biodiesel blend to…
Palm oil producer Astra Agro Group, through its subsidiary PT Perkebunan Lembah Bhakti (PLB), declared its commitment to continue supporting the education of school-age children in Aceh, especially in the company’s operational plantation areas. Community Development Area Manager Aceh Riduan Manik has announced the company’s dedication to providing education on the plantation for all children…
Indonesian Agriculture Minister Andi Amran Sulaiman conducted the soft launch of B50 Biodiesel in South Kalimantan, marking a historic milestone in national energy independence, which is a grand vision for Indonesia over the next 5-10 years. “This is a great idea from the current President and the President-elect. Indonesia will become a food granary and…
Agriculture Minister Andi Amran Sulaiman conducted a trial on the implementation of B50 biodiesel in South Kalimantan on Sunday. This trial is a crucial step toward achieving national energy independence, aligned with Indonesia’s vision for a sustainable energy future. “In this trial, the B50 showed a promising result. The engine also sounds good,” he conveyed…
Palm oil advanced for a second day thanks to strong demand from the world’s biggest buyer, India, and a weaker Malaysian currency, which made the tropical oil more attractive for overseas buyers. Indian traders have been very active in the last two days, said Paramalingam Supramaniam, a director at Selangor-based broker Pelindung Bestari. The physical…
PT Karyanusa Ekadaya (KED) and PT Subur Abadi Plantations (SAP) conducted socialisation on the dangers of forest and land fires for farmer groups in Marah Haloq Village on Saturday (27/8). This activity supports the forest land fire control prevention program (Zero Fire). It embodies corporate social responsibility towards a sustainable village environment.Slamet, Fire Assistant of PT…
Indonesia is set to transition to the use of B40 biodiesel, which incorporates 40% palm oil, starting next year. This shift will replace the current B35 blend, which consists of 35% palm oil-based biodiesel. As the largest producer of palm oil globally, Indonesia aims to enhance its biodiesel blend to reduce energy imports and boost…
Diligent, resilient, and outstanding are the words that represent Tio Saraswati Harefa, a student from Aceh. The student was born on December 6, 2005, in Aceh Singkil district, the southernmost region of Aceh and on the border of Aceh and North Sumatra. The student who has just finished high school has successfully passed and received…
Minister of Industry Agus Gumiwang Kartasasmita said his party implemented a technology mastery strategy; triple helix collaboration between the government, academics, and industry players; as well as implementation of the collaboration on a business scale, in order to increase the added value of downstream oil palm industry. “I am sure the added value of this…
“I want to help empower the farmers in my area,” said MT Pauzan after the graduation procession. On Thursday, August 7, 2024, the young man who left his hometown in Bukit Suban Village, Sarolangun, Jambi, to pursue his education had just graduated. He completed his studies at the Bogor Agricultural Development Polytechnic (Polbangtan). His final project…
Indonesia is carrying out tests ahead of plans by the incoming government to increase the palm oil-based biodiesel blending mandate to 50%, from 35% now, a government official said, raising industry concerns over supplies for exports. Under its ‘B35’ programme, Indonesia already has one of the world’s highest biofuel mix mandates. The outgoing government of…
The Coordinating Ministry for Maritime Affairs and Investment has endorsed a proposal to classify used cooking oil as a commodity, paving the way for its downstreaming into biofuel production in a bid to bolster Indonesia’s biofuel reserves. Sora Lokita, Assistant Deputy for Delimitation of Maritime Zones and Border Areas, emphasized the importance of this academic…
PT Waru Kaltim Plantation (WKP), a subsidiary of Astra Agro Lestari oil palm plantation, held a socialisation with the theme Socialisation on the Prevention of Bullying and Violence against Children to commemorate the National Children’s DayThe event was held on Wednesday (24/07/2024), at SDN 011 Waru, Bangun Mulya Village, Waru District, Penajam Paser Utara Regency…
Minister of Energy and Mineral Resources Arifin Tasrif said the government will accelerate the implementation of B40 biodiesel, the 60 percent diesel and 40 percent palm-oil-based biofuel blend. “We have started to apply B35 biodiesel this year and will hopefully start running B40 next year, there’s an agreement already,” said Arifin, quoted from an official…
A total of eight countries participated in the international biomass and bioenergy (ICBB) 2024 conference to discuss new ideas in developing products from renewable energy, downstream haci in Indonesia, such as palm oil products, which have abundant basic ingredients. This conference is in order to promote “Good SEWIT” to the international community. The conference was…
PT Sawit Jaya Abadi 2 (PT SJA 2) fulfils its social responsibility by focusing on the local community’s health. The Astra Agro group oil palm plantation company routinely provides additional food (PMT) for infants and toddlers at the Integrated Healthcare Center of Madoro Transmigration Village. This activity, part of the Astra Sehat Program, aims to improve…
Director of Planning and Fund Management of the Directorate General of Treasury of the Palm Oil Fund Management and Plantation Agency (Dirjen BPDPKS) of the Ministry of Finance (Kemenkeu) Kabul Wijayanto said that Indonesia had met the world’s vegetable oil demand of up to 22 percent. “Indonesia plays an important role, because the demand for…
